I am buying, started at 1485, next level 1460-1450 will be crucial, make or break. If breaks below these levels will take my losses and move on.
One easy way to remember letters, H M U Z, I once heard was: HEY MAN U ZIP....:D
Week 10, First positive week, I sure hope this is beginning of the end - the end of the continues losing streak - that is. though amount is not...
2014 Monthly P/L update January -11,083 February -$4,398 YTD: -$15,415 these might differ slitghtly from daily/weekly p/l but these accurate...
<b>Week 8, ending Feb 28, 14</b> Improvements made but still down week. Will post some observations later. [IMG]
I do distingwis between stop and limit orders. In other words - in a trending market can enter on stop, for example, buy above prevos bar's...
Problem with range bound market is ... -moves slow, -hits your stop, then moves in your direction, -gives false entry/exit signals -standard...
Thanks, I had encourated that in late January, if markets swing too much for me to trade I trade the equivalent of ETF, for example instead of 1...
I've done that, trading 1 contract only, trying to limit 10 trades per day
Interestingly majority of my losing trades occur between 6:30-9:00 AM PST, basically 90 minutes into trading.
I used to daytrade the ES and swing/overnite trade YM and NQ but you are right, these mostly move in same direction. I must re-visit this.
True, True
I appreciate you taking the time to respond, I will post answers but in short here is a snapshot. -my win rate is 65%. To test it, for a period...
Was a down week. Traveling today. Will post on Monday
Week 6, ending 2/14/14 (-1,227), down again. [IMG] Contracts traded: YM 29 ES 45 NQ 105 YTD -$13,440 But overall better discipline and trading,...
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